Making Tax Digital
made simple
for landlords.
From April 2026, HMRC requires landlords to submit quarterly digital tax updates. PropFinance automates the entire process — log once, export quarterly, stay compliant.
HMRC MTD Income Tax thresholds — are you affected?
April 2026: Landlords & self-employed with gross income over £50,000must comply. · April 2027: Threshold drops to £30,000. · April 2028: Further rollout expected.
What is MTD?
HMRC is replacing Self Assessment with digital quarterly reporting.
Making Tax Digital for Income Tax (MTD ITSA) is HMRC's initiative to modernise the tax system. Instead of a single annual Self Assessment return, landlords will need to submit a summary of income and expenses every three months.
This means paper records, spreadsheets, and end-of-year scrambles are no longer acceptable. HMRC requires digital, compatible software to maintain records and submit updates.
PropFinance is built from the ground up for this. Every transaction you log is automatically organised, categorised, and ready to export at the end of each quarter.
4×
submissions per year to HMRC instead of 1
£50k
gross income threshold from April 2026
£200
fine per missed submission after penalty points
2026
deadline — less than 12 months away
How it works
From transactions to HMRC in four steps.
PropFinance handles the entire MTD journey — so you spend minutes, not days, on tax compliance.
Add your properties
Set up each rental property once. Every transaction, report, and submission is automatically linked to the right property.
Log income & expenses
Import directly from your bank via CSV or log manually. AI categorises every transaction to the correct HMRC expense heading.
Generate your quarterly update
At the end of each quarter, PropFinance builds your MTD-ready summary — income, expenses, and net profit per property.
Submit to HMRC
Download your quarterly export and submit via your accountant or bridging software. Done in minutes, not days.
Your MTD calendar
Four deadlines a year. PropFinance keeps you ready for all of them.
Q1
6 Apr – 5 Jul
Submit by
5 Aug
Q2
6 Jul – 5 Oct
Submit by
5 Nov
Q3
6 Oct – 5 Jan
Submit by
5 Feb
Q4
6 Jan – 5 Apr
Submit by
5 May
Plus an End of Period Statement and Final Declaration annually — replacing the traditional Self Assessment return.
Everything included
The complete landlord tax toolkit.
AI transaction categorisation
Expenses are automatically mapped to the correct HMRC categories — repairs, insurance, agent fees, mortgage interest, and more.
MTD quarterly export
One-click export of your quarterly income and expense summary, ready for your accountant or bridging software.
SA105 annual report
At year end, generate a PDF report mapped directly to the UK Property supplementary page of your Self Assessment.
Capital Gains Tax calculator
Selling a property? PropFinance calculates your CGT liability including annual allowances and lettings relief.
Mileage tracker
Log every business journey. PropFinance calculates your HMRC mileage allowance at 45p per mile automatically.
Compliance certificate tracker
Never miss a Gas Safety, EPC, or EICR renewal again. Get email alerts before certificates expire.
Why not a spreadsheet?
Spreadsheets are not MTD compliant.
HMRC requires digital, compatible software. A spreadsheet — even a detailed one — does not meet the requirement.
FAQ
Common questions about MTD.
Who does MTD for Income Tax affect?
Landlords and self-employed individuals with gross income over £50,000 from April 2026, and over £30,000 from April 2027. HMRC will extend this further in coming years.
What do I need to submit each quarter?
A digital summary of your rental income and allowable expenses for each property. No receipts — just the totals, categorised correctly.
Does PropFinance submit directly to HMRC?
PropFinance generates your MTD-compliant quarterly export. You can submit this via your accountant, HMRC bridging software, or your own MTD-compatible software.
What happens if I miss a quarterly deadline?
HMRC will issue penalty points under the new points-based system. Accumulate enough points and you face a £200 fine per missed submission.
Do I still need to do a Self Assessment?
Yes — the End of Period Statement and Final Declaration replace the traditional SA return, but the annual process still exists. PropFinance generates your SA105 report to make this straightforward.
Can I use PropFinance if I'm under the MTD threshold?
Absolutely. Even if MTD doesn't apply to you yet, PropFinance simplifies your Self Assessment and keeps you ahead of future threshold changes.
Pricing
Start free. Upgrade when you're ready.
No contracts, no lock-in. Cancel any time.
April 2026 is closer than you think.
Get set up now and arrive at every quarterly deadline with nothing to do except click export.
Start for free todayNo card required · Cancel any time · Built for UK landlords